Five Star Tool Essay
Five star tools have three major production processes: first, the steel blanks are cut to size, second the blanks are sent to a chemical bath that prepares the coating process. Lastly, the major process where constraint is shown, the blank are coated with diamond chips in a proprietary process, simultaneously coats and sharpens the blade …show more content…
Lastly, the final step of Goldratt’s theory is identifying a new binding constraint, because identifying new constraint should be a task that each company does on a normal basis, once Five star’s tool solve this bottleneck constraint issue, a new one will be identify and solved to ensure the effortlessness of the operation.
Five start tools company has the same issues that most manufacturing company have, but the fact that the president recognize the problem and is actively trying to find a solution to the constraint will enable the company to avoid bottleneck of constraint. The company will also profit greatly because it not only identifying the constraint but putting it efforts into the product that will gain the most profits with little to no cost in employee’s salaries and other variable and fixed costs. Model C210 Model D400
Selling Price $500 $850